In a Sunday, January 19, opinion column in The Financial Times (FT), Google and Alphabet chief executive officer (CEO) Sundar Pichai wrote about the importance of having government oversight regarding artificial technology (AI).
“Growing up in India, I was fascinated by technology. Each new invention changed my family’s life in meaningful ways,” he wrote.
Now that he is in the position to frame new tech advances, he said he believes that international cooperation for oversight is vital in order to impose workable global standards.
“Now there is no question in my mind that artificial intelligence needs to be regulated. It is too important not to. The only question is how to approach it,” he wrote, pointing to historical examples that “technology’s virtues aren’t guaranteed.”
He said people “need to be clear-eyed” about the many possible negative consequences of technology, particularly when it comes to AI.
The market should not dictate how technology is used, and big tech firms like Google have a responsibility to make sure “technology is harnessed for good and available to everyone,” he wrote.
In 2018, Google created its own AI policies to provide guidance as well as open-source tools and code for the ethical development of AI that also avoids bias and ensures privacy. The policy also outlined Google’s opposition to mass surveillance and the infringement of human rights.
“We believe that any company developing new AI tools should also adopt guiding principles and rigorous review processes,” he said in the article. “Government regulation will also play an important role.”
He pointed to Europe’s General Data Protection Regulation (GDPR) as being a good start for a “strong foundation.”
Google wants to partner with regulators to extend its own expertise and tools and “navigate these issues together.”
Earlier this month the Trump administration submitted new rules governing any future federal regulation of AI. Any new rules will not impact how federal agencies like law enforcement utilize “facial recognition and other forms of AI.”
AI watchdogs point to the current lack of accountability as more computer infrastructure and software systems replace human workers in multiple professional environments.
Full Content: PYMNTS
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI